Flexibility in Port Selection: A Quantitative Approach Using Floating Stocks
AbstractPorts provide a number of logistical choices concerning storage, onward transport, and postponement. We investigatethe routing flexibility offered by ports with a central location with respect to the hinterland. This flexibilityis investigated using an illustrative case in which a number of alternative strategies are evaluated by means ofsimulation. Detailed cost data was used for the illustrative case. The combination of a simulation model anddetailed cost data allows us to quantify the value of the rerouting flexibility. A combination of using regionaldistribution centers and a European Distribution Center results in the lowest cost per container.
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Bibliographic InfoPaper provided by Erasmus University Rotterdam, Econometric Institute in its series Econometric Institute Report with number EI 2009-44.
Date of creation: 31 Mar 2010
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supply chain; floating stock; intermodal transport; inventories; port selection;
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- Martijn R Van Der Horst & Peter W De Langen, 2008. "Coordination in Hinterland Transport Chains: A Major Challenge for the Seaport Community," Maritime Economics and Logistics, Palgrave Macmillan, vol. 10(1-2), pages 108-129, March.
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